Last night, House Speaker Paul Ryan (R-WI) appeared on CBS’s 60 Minutes for an interview with Scott Pelley, filmed last week in his hometown of Janesville, WI. Below are excerpts from their conversation on healing a broken Congress, fixing the tax code, and the need for politicians to propose real solutions. The full interview and transcript can be viewed here.

On healing the animosity in Congress:

“Leadership by the example is the way I look at it. Somewhere in this we got into impugning people's character and motives if we didn't like their ideas. We gotta get back to just debating ideas. And also I think we need to sort of, you know, we have two ears and one mouth. We gotta use those in that proportion.”

On his vision for fixing our tax code:

“The top tax rate on successful small businesses in America, here in Wisconsin, is 44.6 percent. How can you compete like that? How can you have jobs? How can working families get ahead with a tax system like that? . . . Well, I'd simplify the code dramatically. I would collapse the rates down to two or three. And I would change the way we tax ourselves internationally, so businesses can take their money and bring it back home so American businesses stay American businesses. And we have to drop our rates on our businesses. I think those three things right there are what I would do.”

On fighting for ideas:

“You have to take risks on policy. You can't be a politician, wringing your hands, worried about what the public opinion polls are saying or worried about the negative attacks. If you believe in something, go fight for it. If you think you have a good idea and a good reform and you're going to get criticized for it, do it anyway because I think that's what people in this country want to see. And so, yes, you have to be willing to lose these jobs—meaning you have to be a political leader, willing to lose an election if you want to do what's right. That's the way the Founders envisioned this in the whole first place.”

On the honor of serving as speaker:

“The question was, can I redesign the job so that I can do it well, so I can be happy and successful? And the fact that we live here in Janesville, we don't live in Washington. And our kids are 10, 12, and 13 years old. It's mostly an empty-nester that gets this job who spends his or her weekends flying around America fundraising. I'm not gonna spend my Saturdays and Sundays flying around America fundraising. I'm gonna spend 'em here—where I need to be. And so once I learned I could redesign the job, then I decided to do it. And now that I'm doing it, I feel it's a great honor.”

Scott Pelley also spoke with Speaker Ryan’s wife Janna, who talked about how they, as a family, got from no to yes on whether to run for speaker. “Now it's one of those things that I can't imagine that it wouldn't have happened,” Mrs. Ryan explained. “I'm not saying that there aren't moments that you think, ‘Wow, how did this happen? You know, how am I on 60 Minutes right now talking about Paul being speaker?’ But it was, it just—it felt right.”